Thomson-Reuters Corp [TRI] stock prices are down -0.52% to $175.08 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRI shares have lost -0.77% over the last week, with a monthly amount glided 4.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Thomson-Reuters Corp [NASDAQ: TRI] stock has seen the most recent analyst activity on November 26, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $165. Previously, National Bank Financial upgraded its rating to Outperform on September 09, 2024. On August 27, 2024, upgrade upgraded it’s rating to Sector Outperform and revised its price target to $182 on the stock. National Bank Financial upgraded its rating to a Sector Perform. Barclays upgraded its rating to a Overweight and raised its price target to $180 on March 14, 2024. UBS started tracking with a Buy rating for this stock on November 07, 2023, and assigned it a price target of $153. In a note dated August 03, 2023, RBC Capital Mkts downgraded an Sector Perform rating on this stock and boosted its target price from $135 to $139.
The stock price of Thomson-Reuters Corp [TRI] has been fluctuating between $149.50 and $180.42 over the past year. Currently, Wall Street analysts expect the stock to reach $148.1 within the next 12 months. Thomson-Reuters Corp [NASDAQ: TRI] shares were valued at $175.08 at the most recent close of the market. An investor can expect a potential drop of -15.41% based on the average TRI price forecast.
Analyzing the TRI fundamentals
The Thomson-Reuters Corp [NASDAQ:TRI] reported sales of 7.26B for trailing twelve months, representing a surge of 5.18%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.19 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 172.95 points at the first support level, and at 170.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.85, and for the 2nd resistance point, it is at 180.63.
Ratios To Look Out For
It’s worth pointing out that Thomson-Reuters Corp [NASDAQ:TRI]’s Current Ratio is 1.02. Further, the Quick Ratio stands at 0.94, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 10.85, the price to book ratio is 6.63 and price to earnings (TTM) ratio is 35.76.
Transactions by insiders
Recent insider trading involved Kirsty Roth, Officer, that happened on Feb 14 ’25 when 16822.0 shares were purchased. Officer, David Wong completed a deal on Feb 14 ’25 to buy 3838.0 shares. Meanwhile, Officer Ragunath Ramanathan bought 600.0 shares on Feb 14 ’25.